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All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registrys AP1 form, and if the value of the transaction amounts to more than 40,000, then a stamp duty land tax certificate may also be required.
A Virginia quitclaim deed form (sometimes called a quick claim deed or quit claim deed) transfers Virginia real estate from the current owner (grantor) to the new owner (grantee) without a warranty of title. The grantee acquires only the interest that the grantor had.
Signing (VA Code Ann. 55.1-600) The grantor(s) have the choice of authorizing the form in front of two (2) witnesses or a notary public.
A Virginia quitclaim deed form (sometimes called a quick claim deed or quit claim deed) transfers Virginia real estate from the current owner (grantor) to the new owner (grantee) without a warranty of title. The grantee acquires only the interest that the grantor had.
A Virginia quitclaim deed form (sometimes called a quick claim deed or quit claim deed) transfers Virginia real estate from the current owner (grantor) to the new owner (grantee) without a warranty of title. The grantee acquires only the interest that the grantor had.
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Virginia Requirements for Quit Claim Deeds A legal description of the property must be included, and there should be a statement regarding how the grantor came to be in possession of the property. The deed should be docHubd both parties must sign the deed in the presence of a notary public, who will also sign it.
A deed of gift must be signed by all parties, docHubd by a Virginia notary, and witnessed by two or more parties who have no ownership interest in the property. The deed must be submitted to the recorders office in the county of Virginia where the property exists.
Signing (VA Code Ann. 55.1-600) The grantor(s) have the choice of authorizing the form in front of two (2) witnesses or a notary public.
Signing (VA Code Ann. 55.1-600) The grantor(s) have the choice of authorizing the form in front of two (2) witnesses or a notary public.
In Virginia, the transfer tax is 0.1 percent, or $0.50 for every $500 of the purchase price. For a purchase price of $500,000, the transfer tax is $500. A buyer is responsible for mortgage tax. If he obtained a mortgage, he must pay 0.25 percent or $0.25 per $100 in Virginia.

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